Please use this identifier to cite or link to this item: http://hdl.handle.net/10995/103094
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dc.contributor.authorWiesmeth, H.en
dc.date.accessioned2021-08-31T15:07:25Z-
dc.date.available2021-08-31T15:07:25Z-
dc.date.issued2020-
dc.identifier.citationWiesmeth H. Systemic change: The complexity of business in a circular economy / H. Wiesmeth. — DOI 10.17323/2500-2597.2020.4.47.60 // Foresight and STI Governance. — 2020. — Vol. 14. — Iss. 4. — P. 47-60.en
dc.identifier.issn25002597-
dc.identifier.otherFinal2
dc.identifier.otherAll Open Access, Gold3
dc.identifier.otherhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85100700858&doi=10.17323%2f2500-2597.2020.4.47.60&partnerID=40&md5=ca11176e108069ca526e9f711a1274d4
dc.identifier.otherhttps://foresight-journal.hse.ru/data/2021/01/17/1344204915/4-Wiesmeth-47-60.pdfm
dc.identifier.urihttp://hdl.handle.net/10995/103094-
dc.description.abstractThe transition to a circular economy is often associated with appropriate business models, which should, among other things, help replace the conventional `end-of-life´ concept regarding commodities with restoration and environmental design. This systemic change appears to be closely linked to the waste hierarchy: prevention of waste, reuse of old commodities, and recycling of waste. The paper shows that there are various problems for businesses to maintain the waste hierarchy in the context of a circular economy. The intrinsic nature of environmental commodities and, in particular, societal path dependencies present some challenges. These societal path dependencies are related to the benefits of decentralized decision-making in a market economy. In the short term, appropriate environmental policies can help alleviate some of these problems, but in the long term, these societal path dependencies need to be reoriented. The paper contains practical examples of all issues raised. © 2020, National Research University, Higher School of Econoimics. All rights reserved.en
dc.description.sponsorshipThe work was supported by Act 211 Government of the Russian Federation, contract № 02.A03.21.0006.en
dc.format.mimetypeapplication/pdfen
dc.language.isoenen
dc.publisherNational Research University, Higher School of Econoimicsen
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.sourceForesight STI Gov.2
dc.sourceForesight and STI Governanceen
dc.subjectCIRCULAR ECONOMYen
dc.subjectDECENTRALIZED DECISION-MAKINGen
dc.subjectNEW BUSINESS MODELSen
dc.subjectSOCIETAL PATH DEPENDENCIESen
dc.subjectTECHNOLOGICAL INNOVATIONen
dc.subjectWASTE HIERARCHYen
dc.titleSystemic change: The complexity of business in a circular economyen
dc.typeArticleen
dc.typeinfo:eu-repo/semantics/articleen
dc.typeinfo:eu-repo/semantics/publishedVersionen
dc.identifier.doi10.17323/2500-2597.2020.4.47.60-
dc.identifier.scopus85100700858-
local.contributor.employeeWiesmeth, H., Dresden Technical University, Department of Economy, Dresden, 01062, Germany, Saxon Academy of Sciences and Humanities (Sächsische Akademie der Wissenschaften), Karl-Tauchnitz-Str. 1, Leipzig, 04107, Germany, Graduate School of Economics and Management, Ural Federal University, Laboratory of International and Regional Economics, 19 Mira Street, Yekaterinburg, 620002, Russian Federation
local.description.firstpage47-
local.description.lastpage60-
local.issue4-
local.volume14-
local.contributor.departmentDresden Technical University, Department of Economy, Dresden, 01062, Germany
local.contributor.departmentSaxon Academy of Sciences and Humanities (Sächsische Akademie der Wissenschaften), Karl-Tauchnitz-Str. 1, Leipzig, 04107, Germany
local.contributor.departmentGraduate School of Economics and Management, Ural Federal University, Laboratory of International and Regional Economics, 19 Mira Street, Yekaterinburg, 620002, Russian Federation
local.identifier.pure20423726-
local.identifier.eid2-s2.0-85100700858-
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